Alexandra and I have been showing property this past week on Brickell to foreign buyers as well as to a handful of corporate relocations, relocating to Miami … and I must say that I am impressed with the dramatic turn-around at the Icon Brickell… The Icon has gone from virtually empty (and of concern I might add) to quite a hot commodity. One of the three towers is inching near selling out. And with prices below the cost of replacement now, that translates into a window of opportunity for buyers that won’t be here long.
Interestingly enough, despite the glut of condos on the market in Miami over the past several years, there has been an increase in the number of condo sales over recent months that has gotten even the attention of the Miami Herald:
http://www.miamiherald.com/2011/06/09/v-fullstory/2270819/miamis-one-time-icon-of-crisis.html
